LIC FMA Information on MiCA, DORA

Updated on: Mar 18, 2025

Latest Event


  • Mar. 2025 DORA Information Register
  • On Mar. 13, 2025, LIC FMA reported ESAs' FAQs and information on DORA information register submissions, following the entry into force of DORA Regulation 2022/2554.
  • Digital Operational Resilience in the Financial Sector (EEA-DORA-DG) eff. Feb. 1, 2025.
  • First submission of the DORA Information Register with a deadline of Mar. 31, 2025 is imminent, so LIC FMA answers three frequently asked questions FAQs.
  • In particular, LIC FMA refers entities to ESAs FAQs page for further information.
  • LIC FMA also sets out that submissions to information register must be submitted in XBRL-CSV format in the FMA's e-Service Portal, and not in Excel format.

On Jun. 20, LIC FMA created webpages dedicated to MiCA and DORA.

  • LIC FMA created two webpages with information on MiCA, DORA that will be updated.
  • Follows LIC FMA Nov. 2023 issued report on its supervisory focus for 2024, #192688.
  • Follows LIC FMA Jul. 2023 updated on current developments re EU MiCA,see #179687.
  • Purpose
  • In preparation for MiCA and DORA, LIC FMA is providing financial intermediaries with information on the regulations including an overview, future updates, FAQ, assistance.
  • Jan. 2025 DORA Page Update
  • On Jan. 10, 2025, LIC FMA announced update of its DORA dedicated webpage.
  • Since DORA applicability is imminent FMA-DORA website updated to reflect key data.
  • For LIC, DORA-DG provides that, per not yet foreseeable legally binding incorporation of DORA into EEA Agreement, advance implementation will take place on Feb. 1, 2025.
  • In addition to expanding and updating FAQs, links to templates related to DORA reporting system (reporting of ICT-related incidents, information register) were added.
  • All templates, links to documents created by ESAs to submit this report are online.
  • Submission period for information register for financial intermediaries in Liechtenstein extends from Apr. 1 to Apr. 14, 2025 inclusive.
  • Information register for year 2025 must be created and submitted by Mar. 31, 2025.
  • Responsible supervisory authorities should forward information registers to ESAs by Apr. 30, 2025; for financial intermediaries in LIC, submission of both reports of serious ICT-related incidents and information register takes place via the e-Service Portal.
  • In Feb. 2025, LIC FMA reported event-related notification on DORA, see #242572.
  • Mar. 2025 DORA Information Register
  • On Mar. 13, 2025, LIC FMA reported ESAs' FAQs and information on DORA information register submissions, following the entry into force of DORA Regulation 2022/2554.
  • Digital Operational Resilience in the Financial Sector (EEA-DORA-DG) eff. Feb. 1, 2025.
  • First submission of the DORA Information Register with a deadline of Mar. 31, 2025 is imminent, so LIC FMA answers three frequently asked questions FAQs.
  • In particular, LIC FMA refers entities to ESAs FAQs page for further information.
  • LIC FMA also sets out that submissions to information register must be submitted in XBRL-CSV format in the FMA's e-Service Portal, and not in Excel format.
Regulators
LIC FMA
Entity Types
Bank; HF; IA; Ins; MSB; Pension
Reference
FAQ, PR, 3/13/2025; FAQ, PR, 1/10/2025; FAQ, PR, 6/20/2024; DORA Dir 2022/2556, Reg 2022/2554; MiCA Reg 2023/1114
Functions
BCS; Compliance; Cyber; Financial; Legal; Operations; Product Administration; Product Design; Reporting; Risk; Technology
Countries
Liechtenstein
Category
State
N/A
Products
Banking; Fund Mgt; Hedge Funds; Insurance; Mutual Funds; Payments; Pensions; Retirement Plan
Rule Type
Final
Regions
EMEA
Rule Date
Jun 20, 2024
Effective Date
Mar 31, 2025
Rule ID
216695
Linked to
Reg. Last Update
Mar 13, 2025
Report Section
EU